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francisco, because so many of our technology companies have located their headquarters here in san francisco. [cheers and applause] and because they're located here, we can always ask them for a favor here and there and make sure no one is left out, because that is what we do in government. david chiu and i come from backgrounds where we do not want to leave anybody behind. we want everybody to enjoy the riches of technology. we want them to enjoy the economy in san francisco. that is why we're working so hard to make sure our central marketplace is welcoming of all these technology companies, making sure that we can work with other cities. i am very lucky to be part of the u.s. conference of mayors, and they allow me to represent san francisco as the innovative center for all the rest of the cities across the country. so we get to compare information and there. what these days i will get to talk to you while i am in washington, d.c., and you can hear what i am saying across there, so we can enjoy it -- wherever i go, you know i will be working and not fooling around. finally, we also are us
technologies like clean energy and fuel efficient cars. we know that our country is stronger when we can count on affordable health insurance and medicare and social security. when we protect our kids from toxic dumping and mercury pollution. when there are rules in place to make sure we're not taking advantage of by credit card companies or mortgage lenders or unscrupulous financial institutions. we know we're better off when politicians in washington aren't allowed to make decisions about health care that women are perfectly capable of making for themselves. that's what we believe. that's the vision that we embrace. i appreciate that. governor romney now, he's got an entirely different view about what this country is about. don't boo. vote. vote. he's been running around saying he's got a five-point plan for the economy. turns out it's a one-point plan. those at the top get to play by a different set of rules than you do. they get to pay lower tax rates. outsource jobs, they want to let wall street run wild, make reckless bets with other folks' money. that was the philosophy as ceo, as gover
believe we have enough technology that we can prevent that to ever happen. of course, if they were a threat to america, we do have to take decisive action, we do have to show our might, and we have to make sure. but i don't want to get it to that point because, ladies and gentlemen, we have the technology. their bombs are not sophisticated enough, and they don't have it. we need to prevent them from getting that technology. we need to stop that immediately. but, of course, if our, if our sovereignty was ever threatened or our friends in the middle east, we need to go after them. >> moderator: senator hatch. hatch: much of what scott has said i agree with, we have to protect our friends in the middle east, and that certainly includes israel. i just want everybody to know how deeply i feel about protecting israel. but also doing well with moderate arab nations so that we can have a relationship over there. but let's face it, we simply cannot allow iran that is dedicated to to blitz ration of israel -- the obliteration of israel and others have a nuclear weapon. we're not going to let
there are concerns about safety, safety of the vehicle. there are a lot of things we do in technology to ensure the vehicles can't be stolen if they are broken into. but i really do see that members of these communities also see some of the benefits that these cars bring to them. they kind of watch out. it's almost like the neighborhood watch thing. this car is here, it's serving a purpose. i'm a member, i use it day to day. the car has really become part of the neighborhood. >> um-hm, okay. thank you very much. >>> sure. >>> i did want to say i'm looking at the material. thank you for putting this together. it looks like there are five u.s. cities, three canadian cities, and i think it's brilliant, this model of one-way vehicle * . i was going to ask about your vehicle fleet. it looks like you have globally 5,000 vehicles, 625 are electric. i'm just wondering do you use the smart cars or what kind of vehicles do you use? and i also see that san francisco, based on your market research, is almost like a perfect city to operate in given the density and many, many people that don't have cars. but
with the technology before it's as secure as it probably should be. charlie has given some terrific talks about the incentive structures for software makers and whether or not they're properly in balance to make sure that they're secure with their software before they release it. but i'll let him speak for himself on that. >> host: well, mr. miller, if you would speak to that. >> guest: sure. so we're in a situation where we all run code that was written by a vendor like microsoft or apple or cisco or whoever. um, and the problem is it's very difficult to write secure code, code that's perfect with no vulnerabilities. and it's hard to measure whether a code is secure. so even an expert like myself, it's very difficult for me to tell you whether if given two programs, which one is more secure than the other. so it's hard to measure, and people don't want to necessarily pay for that. so we all want to buy the latest gadget, the latest iphone or whatever, and we don't really think to ourself how secure is it? maybe i shouldn't buy it because it's not secure. so companies, you know, they're out to
much" series. watch on c-span2. >> now a conference from detroit focusing on technology and entrepreneurship in u.s. urban areas throughout the country. it was a conference in mid september at wayne state university. this part of the conference's two hours. >> i'm going to turn it over to you. >> rock on. >> thank you for getting us started and thank you for being here. it is exciting to finally have this thing under way. we have been working on it for an awfully long time. what we do is up to now, a retreat-like invitation only leaders thing in the desert and we really wanted to get our message out in the broader community, particularly in the united states where we think there are some messages that are not sufficiently understood. i hope that is what you will be hearing throughout the day today. the messages at this event are focused on four issues -- u.s. competitiveness, the future of jobs, economic growth, which is tied to the first to, and the revival of our cities with detroit as a case study #one. we're very proud to be in detroit because we see it as a great ci
systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. ♪ [ male announcer ] introducing the all-new completely re-imagined 2013 chevrolet malibu. sleek new styling... sophisticated dual cockpit design, and sport sculpted seats. available chevrolet mylink infotainment system. the all-new 2013 chevrolet malibu. ♪ refined comfort to get you in a malibu state of mind no matter what state you live in. ♪ >>> we're awaiting president obama in a swing state of ohio. meantime, in another swing state, that of virginia, bill clinton campaigning on behalf of the president. let's listen in at chesapeake, virginia, at indiana river high school. [ applause ] >> i don't know about you, but i'd rather you save the gasoline and export the oil if that's what we need to do. and that's why governor romney is having such a hard time breaking through in ohio. so what did he do? he ran -- he put -- he put a bogus ad on saying that for president had allowed j
in technology because the agency's technology is really any pretty dismal state. the agency never has before people think that's great you don't need so many people because you're using technology. maxtor is for my entire career's technology allows you to work smarter and better and more efficiently, but it actually doesn't diminish the need for people because you find so many more things on your technology he to do market surveillance, to look for insider trading and market manipulation and analyze our mbs and how they've been structured and see what the flaws are. so while we put a big heavy emphasis on technology investment could we also need to invest in our people and we been able to grow a little bit in the last couple of years, not enough, but a little bit. i can't really give you a number. i will say that we are at agents to just under 4000 people, with extraordinary broad responsibility. everything from accounting standard-setting oversight to money market funds and mutual funds, to market berkshire. we all read every day about market structure issues come into broker-dealers and ho
that warning because, with today's technology and the skill we have, there is no reason to lose lives unnecessarily. >> speaking of today's technology, i think we can take a look at a picture from nasa, a picture speaks a thousand words and perhaps few images can define the magnitude of this monster storm than this one, snapped from the international space station. this is more than 900 miles wide, bearing winds of nearly 90 miles per hour. you know, jim, did you ever think you would have an opportunity to really be taking pictures of this massive phenomenon that would include, you know, massive snow amount, blizzard conditions in some ports of the -- parts of the country and fluting in others and high hurricane-force winds? >> caller: if we sat down and i showed you recorded notes and other photographs, having done this 21 years, there is a pattern. i have seen more storms, i have seen bigger storms and i can't tell you why, you but i have been shooting more pictures and brewing more people. i think we have entered a new age of weather. i hope this is the last sandy-type storm we eve
they rushed forward with the technology before it is as secure as it probably should be. charlie has given some terrific talks about the incentive structures of four software makers, -- for the software makers, and whether they are properly in balance with making sure the software is secure. but i will let him speak for that. f >> mr. miller, if you would speak to that? >> sure, we are in a situation where we all run code that was written by a vendor like microsoft or cisco or whomever, and the problem is is very difficult to write secure code. whetherhard to measure code is secure, so even an expert like myself, it is difficult for me to tell you given to programs which is more secure than the other. it is hard to measure and people don't want to necessarily pay for that. we all want to buy the latest gadget, the iphone that comes out or whatever, and we don't think to ourselves, how secure is this, maybe i should not by this because it is not secure. so companies, they are out to make money and that is what they are therefore, so they want to push products out the door, beat competitors,
of technology and our city administrator. but ultimately working with our department of public works and mohammed at the helm, making sure this got done on time within budget, having the architects and engineers under [speaker not understood] working with the expert laboratory folks from dph and the hiv clinic to make sure that we did it right. because the laboratories have to meet federal standards. but i think also a great kudos has to happen to our partners, both locally, regionally, and the federal government. we could not have done this without the 9-1/2 million dollars of recovery monies that we got through the federal government. we have herb schultz here from the department of human services federal government. they've been really at the forefront with us. certainly dan bernel representing leader pelosi. she has been really a stalwart fighter. when everybody was cutting funds, she preserved that money for us. and, of course, i've got to put out a big, big thanks to president obama because without that recovery money, we wouldn't be here talking about this today. so, thank you
in the world. we're blessed with terrific soldiers and extraordinary technology and intelligence. but the idea of a trillion dollars in cuts through sequestration and budget cuts to the military would change that. we need to have strong allies. our association and -- and connection with our allies is essential to america's strength. we're the -- the great nation that has allies, 42 allies and friends around the world. and finally, we have to stand by our principles. and if we're strong in each of those things, american influence will grow. but unfortunately, in nowhere in the world is america's influence greater today than it was four years ago. >> all right. >> and that's because we've become weaker on each of those four dimensions. >> all right -- perfect. you're going to get a chance to respond to that because that's a perfect segue into our next segment, and that is what is america's role in the world. and that is the question. what do each of you see as our role in the world? and i believe, governor romney, it's your turn to go first. >> well, i -- i absolutely believe that america has a
what soup can do. but kate -- still looks like...kate. nice'n easy with colorblend technology gives expert highlights and lowlights. for color that's true to you. i don't know how she does it. with nice'n easy, all they see is you. >>> ♪ >> a little bon jovi. where i will spend my life tuesday night. look at my men all hard at work, and women. they're all hard workers, putting together what i think is an extraordinary setup, the best technology available. accurate technology, which is most important on that night. they're putting together a pretty awesome set up. i'm even told that i'll even be on the ice rink. yes. with uhs on. thank you, guys. and of course the ladies on the team as well who worked so hard to make it pretty awesome to work here. time for a second saturday edition of the news nation gut check. this is a busy weekend for the presidential candidates as may make their final push before election day. we told you earlier a lot of their time spent in ohio. we've talked exhaustively about ohio, a phenomenal state, we know, that a state that matters. what does your gut t
living the good life. crest. life opens up when you do. we have so much technology in our store to really show the customers what's going on with their bodies. now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. during our semi-annual sleep sale, save $500 on our classic series special edition bed set-while supplies last. sale ends soon! you'll only find the innovative sleep number bed at one of our 400 stores, where queen mattresses start at just $699. >>> evacuations have been put in place in low-lying areas in new york including coney island and even staten island. and then in new jersey there are evacuations taking place in atlantic city and in many of the other low lying beach areas as they prepare for the worst. allison cossack is in seabright, new jersey. allison, evacuations, have been people been heeding the warnings to get away from the coast? >> reporter: i have seen a few people coming this way, he's taking pictures, there's a police officer on the coastline telling people t
." [ female announcer ] e-trade was founded on the simple belief that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the technology to help you become a better one at e-trade. >>> good morning. hurricane sandy slamming into the east coast. winds are picking up and the rain is coming towards the new york city area. thousands have been evacuated from low lying areas. u.s. stock and option markets will be closed today and possibly tomorrow. bond markets will remain open until noon. and stocks are weaker across europe with the u.s. calling off equity trading. more worries about a rescue deal for spain. it's monday, october 29th, 2012. "squawk box" begins right now.
. you walk into conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. this is your body there. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep numr we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed - a bed with dualair technology that allows you to adjust to the exact comfort your body needs. each of your bodies. so whatever you feel like, sleep number's going to provide it for you. during our semi-annual sleep sale, save $500 on our classic series special edition bed set-but only while supplies last. sale ends soon! you'll only find the innovative sleep number bed at one of our 400 stores, where queen mattresses start at just $699. >> live from america's news headquarters, i'm lau
have to be at the technology centers and at the exchange to monitor and to basically oversee the technology. you are putting people's lives at risk, a. and, b, a lot of broker dealers who are providing the order flow to the markets, not just in new york but to the nasdaq and to the alternative systems that compete for trading share are going to be closing their facilities to keep their people out of harm's way. so, look, a shutdown of a couple of days to save one human life is absolutely the right thing to do. >> we have heard about the federal authorities and regulators. obviously they would have concerned about these things. how often do calls like this take place, dick? >> you know, becky, the agencies that share responsibility for our capital markets, the cftc, fed, treasury, they are all staffed by incredibly competent people who understand what i said a moment ago and that is while it's important for our capital markets to function and given the fact that america is the global center of trading, it's important to never put that responsibility and that demand ahead of th
years. technology has made us more productive but it has also made a lot of good jobs obsolete. mobil trade brought us cheaper products but it also means jobs overseas in low-wage countries. american workers saw their paychecks getting squeezed. even when corporate profits rose and ceo salaries exploded. guaranteed pensions and health care starting to erode or disappear altogether. the rise of global competition, those are real. we can't wish them away. here is what i know. and we can meet those challenges. we are americans. we have the world's best entrepreneurs, and tests, researchers, colleges, universities. we have the most innovative workers. we have everything we need to thrive in this new economy. there is not a country on earth that would not gladly trade places with the united states. to secure a future that we want for our kids and our grandkids, we have to make a choice right now. in five days, we will choose our next president. [applause] and, boulder, it is more than just a choice between two candidates or parties. you will be making a choice between two fundamentally dif
is, how we take this to the next question? obama has a plan to do that with technology, research and development. host: we are speaking tim ryan, from the youngstown area of ohio. mike from houston, texas on our line for republicans. caller: good morning. i grew up in ohio. i have family there for 50 years. my concern here, congressman, class of 1983. my concern here congressman is that, i look at the democrats and i see a party that desires to command and control the economy. i see where, in houston, i've been here 20 years now new york houston we had an oil bust in 1985. the government didn't bail out houston but houston is home to 150,000 californians from the past 10 years alone. texas was not bailed out but now houston is host city to the world's largest medical center. it is growing faster than any large city in the united states. and no federal money. it is not a command and control economy. it has more free market and no state income tax and look at california as a case study they've lost 350,000 people to texas alone in the last 10 years. texas is growing, california is
-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> we continue to keep a close watch on hurricane sandy even though now you're seeing atlantic city, new jersey, looks good there. surf has kicked up, even thousandy is many hundred miles further south. it's more like hugging the south carolina coast right now. we're going to keep a close watch because new jersey, new york, a lot of those new england states are kind of in the bull's eye, the cross hairs of sandy over the next couple of days. >>> we're also keeping a close watch on the spotlight that we've been shining on the top ten cnn heros of 2012. as you vote for the one who most inspires you at cnnheros.m, this week's honoree grew up in a south african slum but when the post apartheid era didn't improve life there, he took matters into his own hands. >>s this is the kiptown has not changed. there's no electr
landscape, the emergence of new organizations, new technologies that might not be, you know, as responsible end willing to listen to governments but requests not to publish -- are we looking at kind of a new era because of the internet, the fragmentation of the media environment? what kind of challenges might there be for the classification receipt -- regime and for prosecutors going for? >> you mean, a broader journalist puts that's one question. it certainly complicates the issue. let's put it that way. a blogger is not the gray lady of the new york times. that's all i have to say about the subject. [laughter] >> put your finger on today's challenge. this is not just worrying about the occasional article that shows up in the front page of the post and the new york times. your thinking about now whole new types of journalists or media that don't operate under the constraints that are traditional media do. and i give a lot of credit to the "washington post" and the others. when they have classified information that they think would it -- jeopardize information to believe they bring the fact
electronically, but you need people to operate that technology, and you need customers to provide content to the marketplace. what you would have had with simply an electronic version of price discovery is something i think a lot of people would have been very disappointed in. i think it basically would have lent itself to greater market volatility, price dislocation, and no one would have been happy. i think while the markets were ready to go, the customers weren't ready, and the markets reflected that by keeping everything closed. >> so, dick, tell us what we might expect tomorrow. you've been in this position before, to have to check trading, check that you were to ensure you would have an orderly day of trading. what do you think is going on right now at the new york stock exchange? what are they, you know, dotting the is and crossing the ts to ensure that things open without a hitch tomorrow? >> well, the most important thing that we heard from duncan in his interview a bit ago is that he's concerned about customer connectivity to the exchange. i think the exchange unto itself has te
into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. this is your body there. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed - a bed with dualair technology that allows you to adjust to the exact comfort your body needs. each of your bodies. so whatever you feel like, sleep number's going to provide it for you. during our semi-annual sleep sale, save $500 on our classic series special edition bed set-but only while supplies last. sale ends soon! you'll only find the innovative sleep number bed at one of our 400 stores, where queen mattresses start at just $699. >>> how did "the des moines register" rewrite its endorsement of an obama p
in medical breakthroughs or new technology. we think america is stronger when we can count on affordable health care and medicare and social security. , where there are rules to protect our kids from toxic dumping and mercury poisoning. we think the market works better when consumers are protected from unscrupulous practices in the credit-card industry or from mortgage lenders and we believe that no politician in washington should control health care choices that women can make for themselves. [applause] for 80 years, we had a president who shared our beliefs and his name was bill clinton. [applause] his economic plan passed the wealthiest americans to pay a little more so we could reduce our deficit and invest in our future. at the time, the republican congress and a senate candidate by the name of mitt romney said this would hurt the economy and kill jobs. it turns out that his judgment was just as bad back then as it is today. [applause] by the end of president clinton + second term, america created 23 million new jobs and incomes were up in poverty was down and we had the biggest sur
movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >>> we continue our storm coverage and there are big questions tonight about how this storm will affect the race for president now. you saw the president there, had to stop campaigning to meet with fema today because of the storm. mitt romney can selling rallies, going to the state of ohio. and tonight, the state of maryland, just calling off the first day of early voting tomorrow. and all of th
but also information technology improvements that have made things possible that were not available in the past. but a lot of these programs are under pressure now. some of it is so explicit political attacks aimed at outreach programs and aimed at the policies that have made it easier for people and on the programs. we also know the state agencies are stretched very thin. there are a lot of demands on them and their funding has been caught and in some we're hearing stories of unemployment insurance and people calling and calling to apply for their benefits and just getting a busy signal over and over again. it is a real opportunity to think about how we can build on the progress we've made so far. how can we prevent it from wearing away and what improvements can we make in the future. in particular, the affordable care act or the health care reform presents an opportunity to make some improvements as we move forward. i am going to wave to reports also available outside of the coalition. one is specifically how the human service programs and their clients can benefit from health car
people so they can get decent jobs and start growing again. to invest in science and technology and research. that's a better economic plan than one more round of tax cuts spending by a 22% cut on on education, science, and technology. it is bad for youngstown state, and obama's plan is better for the future of america. obama's education plan is better for the future of america. he is committed to hiring 100,00 0 new science, technology, and math teachers. committed to cutting the rate of inflation of college costs in half and to the student loan reform program, the single most important thing nobdody knows about. this alone justifies his reelection if you believe in the future. the old student loan system worked like -- the federal government paid the banks to make loands and guaranteed 93% of the loans. the new system -- under that old system, it meant we dropeped to 16th in the world in college degrees. a perscription for disaster. almost every job is created by someone with a degree. we can't afford to be 16th in the world. so what did the president and congress do? what did
could do and bringing new technologies to north dakota. when i served on the commission and attorney general, i went to minnesota and hard-fought for the coal industry. i heard a lignite leader award. i am as committed to north dakota's energy industry as anyone can become a and i did not know there could be a better advocate and someone who would stand and say have been there, i have this experience, i can get the job done, and i a understand what those challenges are. that is what i am hoping to do when i go to washington, d.c., represent this growing industry and include in it biofuels and wind which the republican party has been very hostile to production tax credits. using every form of energy to make it work in this country. >> obviously, there is a problem. keystone is not built. it is not built because the senate majority leader has not brought it up for a vote. our president has been a post it as well. our coal industry, one of the things that has stunned me is the epa came out with new regulations on coal plants, and it was so stringent you could not build a new coal plant
before you switch. visit progressive.com today. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> wikileaks claims it has released more than 100 classified or otherwise restricted files from the united states department of defense that relate to u.s. military policies relating to detainees. they say they'll continue to release more documents over the coming month. one man who made international headlines after he was accused of leaking to the group is bradley manning. his trial will not begin until next february, but over his last two years in prison, there are some who have tried to draw up support on manning's behalf and that include a music legend
students to the corporate world. teens through young adults who learn about finance, health, technology and careers can beat the odds like michael. >> when in their own mind they created and played out their future and only see that future in one way, then they have been robbed. >> michael founded life skills sick years ago after reflecting on his own success. he been hand picked by toyota's president to leap on to the fast track of management but didn't start out that way. he was child with an uncertain future. >> i remember being at home in richmond in fear of my safety when and how my mom was going to get over certain struggles she was having, abusive relationship and being behind my education. >> he credits his godparents for showing him he could create a better life. >> that was the beginning of an open door that a different michael e. park core emerge. >> michael graduated from college and eventually became an entrepreneur and now through his nonprofit he is sharing the 411 of his success with students like patrick who is now a life skills mentor and marketing employee. and 21-yea
? >> obviously we have a lot of technology here, a lot of screens, information coming in here. most important aspects is face-to-face coordination. we have police officers here we have representatives from other agencies, state, federal people will be here. ultimately depending on what happens. if the president comes to town this room is activated. so for major events we have that face-to-face immediate coordination which is very very valuable. >> now how many police officers are involved in this operation cityide? >> well, you know we have 35,000 uniform officers. ultimately most of them will be involved in some way, shape, or form. we extended our tours, we're increasing uniform patrols, officers that don't normally work in uniform are being assigned to uniform duty. so every day there are several thousand officers doing additional duty. certainly today and tomorrow. >> speaking of evacuation zones you live in an evacuation zone. you're evacuated. >> my new home right here. >> reporter: this is your new home. a good cot upstairs. >> exactly. >> reporter: thank you very mu
of technology. dr. or tcton, how big of an imp is this storm going to have over the next few hours as the storm makes landfall? >> the biggest krn is the central part of new injuries see. there is flooding all over the place. new york city is going to have pretty bad flooding and really now since it took more of a turn sitting to the south of new jersey, they are getting hammered. >> we heard from 9 to 11 foot storm surges from hurricane sandy. what exactly does that mean? >> the storm surge is a slow sea level rise over the past 24 hours it's been coming in. the tide comes in every 12 hours. we had one of those on top of a little bit of storm surge this morning and now we've got about 6 1/2 feet of storm surge in new york harbor, even more along the jersey coast and we're getting another one of those high tides. so that's -- the two together are what determines the total water level that people have at their feet. >> where are we going to see the biggest impact of this storm and what will happen in those areas? >> it looks now -- this is just coming in right now, the storm surge for the new yo
are not guaranteed, just the securities are. and the beauty of both proposals is that the technology and infrastructure and systems and human capital of the g.s.e.'s be wasted but compete with them. so i believe there's been some consensus around a proposal that is feasible and would work. one was issued by somebody who had an ax to ground, the mortgage bankers association, but milstein, coming from the treasury department, presumably his view is what is best for the economy but it is a very similar kinds of proposal in my estimation. and i wish that we could move ahead with something like this. it would be a tremendous benefit, i think, for the taxpayers to get some usefulness out of this investment that they have made in the g.s.e.'s and keeping them together and functioning to use the skeleton and infrastructure in a way that allows the taxpayer to get a benefit, to get some-monthizati some-monthization -- some moneyization of the investment. so, where should we go? in summary, i think the most important thing is to go somewhere assign. it is incredible to have this uncertainty an
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